Timber Point Alternative Income Fund (AIIFX)
The investment seeks superior risk adjusted returns by investing in income oriented securities. The fund seeks to achieve its investment objective under normal market conditions by allocating assets among credit-related instruments such as corporate bonds, municipal bonds, mortgage and asset-backed securities, and floating-rate securities. It may invest without limitation in investments tied economically to any country in the world, including emerging market countries.
Fund Info
US8855724618
885572461
Jan 12, 2012
$1,000
Expense Ratio
AIIFX has a high expense ratio of 1.70%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Timber Point Alternative Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Timber Point Alternative Income Fund had a return of 5.17% year-to-date (YTD) and 5.55% in the last 12 months.
AIIFX
5.17%
-0.73%
2.65%
5.55%
0.75%
N/A
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of AIIFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.26% | 0.26% | 1.67% | -2.40% | 1.68% | 0.13% | 2.54% | 0.99% | 1.47% | -1.69% | 2.59% | 5.17% | |
| 2023 | 3.28% | -2.25% | 1.90% | 0.40% | -0.93% | 1.20% | 1.19% | -0.65% | -2.10% | -1.61% | 4.77% | 3.11% | 8.33% |
| 2022 | -1.65% | -0.84% | -1.09% | -2.56% | -1.13% | -2.92% | 2.87% | -2.79% | -3.39% | 0.95% | 2.54% | -2.17% | -11.73% |
| 2021 | -0.24% | -0.59% | 0.12% | 1.07% | 0.35% | 0.94% | 0.35% | 0.23% | -0.70% | 0.23% | -0.58% | 1.28% | 2.48% |
| 2020 | 0.35% | -0.81% | -9.25% | 2.32% | 2.02% | 0.87% | 2.82% | 0.00% | -1.07% | 0.36% | 2.16% | 1.38% | 0.56% |
| 2019 | 0.48% | 0.36% | 1.91% | -0.12% | 0.70% | 0.23% | -0.58% | 0.23% | 0.58% | 0.12% | 0.97% | 4.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AIIFX is 52, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Timber Point Alternative Income Fund (AIIFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Timber Point Alternative Income Fund provided a 2.20% dividend yield over the last twelve months, with an annual payout of $0.18 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.18 | $0.18 | $0.18 | $0.15 | $0.20 | $0.12 |
Dividend yield | 2.20% | 2.31% | 2.52% | 1.76% | 2.35% | 1.45% |
Monthly Dividends
The table displays the monthly dividend distributions for Timber Point Alternative Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2019 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Timber Point Alternative Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Timber Point Alternative Income Fund was 15.31%, occurring on Mar 23, 2020. Recovery took 193 trading sessions.
The current Timber Point Alternative Income Fund drawdown is 2.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.31% | Jan 24, 2020 | 41 | Mar 23, 2020 | 193 | Dec 24, 2020 | 234 |
| -13.3% | Dec 28, 2021 | 198 | Oct 10, 2022 | 465 | Aug 16, 2024 | 663 |
| -2.51% | Dec 9, 2024 | 8 | Dec 18, 2024 | — | — | — |
| -2.18% | Sep 30, 2024 | 25 | Nov 1, 2024 | 16 | Nov 25, 2024 | 41 |
| -1.89% | Feb 16, 2021 | 23 | Mar 18, 2021 | 33 | May 5, 2021 | 56 |
Volatility
Volatility Chart
The current Timber Point Alternative Income Fund volatility is 1.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.